Overview
InFocus comes out of the box with a set of sample Financial Statements. These designs are based on the Chart of Accounts established by QuickStart. Even if QuickStart was not run, the samples may be installed by following the steps below.
Most Financial Statement requirements can be met using the sample statements, Financial Statements found in the InFocus Marketplace, or statements written using the Financial Statement Designer.
For further customizations, or for assistance with the designer, please contact Clearview Support.
Installing Sample Financial Statements
| 2. | In the query box, enter: fssample_sav. |
| 3. | Click Run Query from the toolbar. |
Once the query has completed, Query Execution Complete will appear in the upper right corner of the SQL Query screen. The installed Financial Statements will be available to Financial Statement Designer.
Report Descriptions
| • | Classified Income & Expense - The Income Statement is also called a Profit and Loss Statement (P&L). The purpose of the Classified Income & Expense Statement is to show managers and investors whether the company made or lost money during the reported period in a summarized format. |
| • | Itemized Income & Expense - The Income Statement is also called a Profit and Loss Statement (P&L). The purpose of the Classified Income & Expense Statement is to show managers and investors whether the company made or lost money during the reported period in an itemized format. |
| • | Classified Balance Sheet - The Balance Sheet is the summary of a company’s financial condition at a specific point in time. A balance sheet, or statement of financial position, is a summary of a person’s or organization’s balances. Assets, liabilities, and ownership equity appear as of a specific date, such as the end of its financial year. A balance sheet is often described as a snapshot of a company’s financial condition. |
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